What size MFH are you looking at right now?

Size of the structures.

Their size and experience suggest that one could invest with them with decent to great success. 

What size multifamily properties are you looking at? 

Rebuilt entire home with full new custom floor plan adding a 2nd full bath and tripling size of kitchen opening out to back yard giving it more light throughout home.

Or why would they not price drop to be competitive in the area where the size of the home medium prices are around 550k.any good insight would be great to hear.

Also boring , but this summer I bought a home to rentat about fair market value payed 165k. 32k down 20% to avoid cmhc fees and it pulls in 500/months after expenses and pays down the mortgage by about 300 a month, but the interesting part was the fact it was on a double size lot, two days after I got the key I was applying to devide the lot , because I found a buitiful house that was going to be sold or demolished.

If the property is permitted to have 3 units, then you have to consider finished ceiling heights, window sizes (unsafe to have "basement" sized windows for an apartment), flooding potential, placement of the mechanicals, size and nature of the entry, whether or not there are 2 ways to exit and a number of other practical considerations and considerations dictated by the laws and codes of the area.

@Pepper Bradford with the size of the apartment building you are going to be qualifying for commercial financing.

Cut it to size, glue and staple to the plywood stair tread.